What are rates today?
National averages from Mortgage News Daily, updated each weekday, plus the 10-year Treasury and Fed Funds rate that drive them.
Updated every weekday
Mortgage rates, explained the day they move
National averages, the bond-market drivers behind them, and straight answers about what any of it means for the loan you're actually trying to get.
What's moving rates
- 10-Year Treasury 4.65%▼ 0.06
- Fed Funds Rate 3.63%
As of . Economic indicators, not mortgage quotes.
Start with the question you actually have
Why did rates move?
Daily coverage of the inflation prints, jobs reports, Treasury auctions, and Fed meetings that actually push mortgage pricing around.
Which loan fits me?
Conventional, FHA, VA, USDA, jumbo, HELOC. What each one is really for, what it costs, and who it quietly penalises.
What will I pay?
Down payments, PMI, points, closing costs, and the difference between a rate and an APR — without the sales pitch.
Common questions
Are the rates on this site what I'd actually get?
No, and no site can honestly tell you that. The numbers here are national averages published by Mortgage News Daily, based on a survey of lender pricing for a well-qualified borrower. Your own rate depends on your credit score, down payment, loan amount, property type, occupancy, debt-to-income ratio, and the exact minute you lock. The average is a thermometer, not a quote.
Does the Federal Reserve set mortgage rates?
Not directly. The Fed sets the federal funds rate, which governs overnight bank-to-bank lending. Fixed mortgage rates track the bond market — specifically mortgage-backed securities, which move with the 10-year Treasury yield. That's why mortgage rates sometimes rise on a day the Fed cuts: the cut was already priced in, and the Fed's commentary pointed somewhere the bond market didn't like.
How often do the rates on this page update?
The national average strip comes from Mortgage News Daily's own widget and refreshes each weekday afternoon after the bond market settles. The 10-year Treasury and Fed Funds figures come from the St. Louis Fed's FRED database and update daily and monthly respectively.
Is this site a lender?
No. This site publishes news and educational content. It does not take mortgage applications and collects no loan-application information. It shares common ownership with Bloom Lending, LLC, a licensed mortgage lender, and recommends them — which is disclosed on every page.
Averages are for the market. You need a number for you.
Bloom Lending will price your actual scenario — credit, property, program, timeline — and tell you where you land against today's average.
See my real numbersYou’ll be taken to Bloom Lending, LLC, an affiliated licensed lender. No application information is collected on this page.